bullish

2024

Million

POPCAT

<p>The post <a href="https://coinpedia.org/news/popcat-listing-on-binance-whale-buys-10-million-tokens/" rel="noopener noreferrer nofollow">POPCAT Listing on Binance, Whale Buys 10 Million Tokens</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>On August 22, 2024, Binance, the world’s biggest cryptocurrency exchange announced to launch of the Solana-based meme coin Popcat (POPCAT) perpetual contracts. Following this announcement, a crypto Whale withdrew 39,816 SOL worth $5.73 million from Binance and bought nearly 10 million POPCAT tokens.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Crazy buying of <a href="https://twitter.com/search?q=%24POPCAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$POPCAT</a>!<br><br>After <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> announced the launch of <a href="https://twitter.com/search?q=%24POPCAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$POPCAT</a> perpetual contracts, a whale withdrew 39,816 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($5.73M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> to buy 10M <a href="https://twitter.com/search?q=%24POPCAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$POPCAT</a>!<a href="https://t.co/smN6cNogIo" rel="noopener noreferrer nofollow">https://t.co/smN6cNogIo</a> <a href="https://t.co/E3zMHy6Qoh" rel="noopener noreferrer nofollow">pic.twitter.com/E3zMHy6Qoh</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1826627023009448167?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 22, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="h-whale-buying-popcat-amid-listing-announcement"><strong>Whale Buying POPCAT Amid Listing Announcement</strong></h2>
<p>This crazy buying signals that <a href="https://coinpedia.org/news/can-binance-listing-of-solana-based-popcat-popcat-futures-ignite-bullish-sentiment/" rel="noopener noreferrer nofollow">POPCAT</a> could experience a significant rally in the upcoming days. At press time, it is trading near $0.574 and has experienced a price surge of over 32% in the last 24 hours. Meanwhile, POPCAT’s trading volume has skyrocketed by 225% during the same period, indicating rising participation from traders following the listing announcement.</p>
<p>Additionally, its open interest also increased by 35% in the last 24 hours, indicating growing interest from investors and traders, according to the on-chain analytic firm CoinGlass.&nbsp;</p>
<h2 class="wp-block-heading" id="h-popcat-price-prediction-for-august-2024"><strong>POPCAT Price Prediction For August 2024</strong></h2>
<p>According to expert technical analysis, POPCAT looks bullish and is now heading toward a crucial resistance level of $0.643. However, the last time when POPCAT reached this level, it experienced a price drop of over 40% and fell to the $0.38 level.&nbsp;</p>
<figure class="wp-block-image size-large"><a href="https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21.png" rel="noopener noreferrer nofollow"><img decoding="async" width="1024" height="448" src="https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-1024x448.png" alt="" class="wp-image-341682" srcset="https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-1024x448.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-300x131.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-768x336.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-1536x672.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-150x66.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21.png 1824w" sizes="(max-width: 1024px) 100vw, 1024px"></a>
 <figcaption class="wp-element-caption">
  Source: Trading View
 </figcaption>
</figure>
<p>This time, the sentiment for POPCAT is bullish, and the daily chart is forming a bullish double-bottom price action pattern. If it closes a daily candle above the $0.69 level there is a high possibility it could soar by 40% to $1 or even higher.&nbsp;</p>
<h3 class="wp-block-heading" id="h-major-liquidation-level"><strong>Major Liquidation Level</strong></h3>
<p>As of now, the major liquidation levels are near $0.542 on the lower side and $0.60 on the upper side, as traders have been highly leveraged in the last 24 hours, according to CoinGlass.</p>
<p>If the sentiment remains unchanged and the price rises to the $0.60 level, nearly $672.84K worth of long position will be liquidated. Conversely, if the sentiment shifts and the POPCAT price falls to the $0.542 level, nearly $1.34 million worth of short position will be liquidated.</p>

POPCAT Listing on Binance, Whale Buys 10 Million Tokens

Table of Contents

CoinPedia News

Autres articles publiés le 22 août 2024

Nigeria to License Crypto Firms Starting This Month

Binance Labs New Investment: What is MyShell?

XRP Faces Critical Support Level Challenge

Fraudster, Who Defrauded Investors of 4 Billion Dollars, Caught in Turkey

Dogecoin Price Steadily Resumes Uptrend With 72.5% Addresses In Profit

Polygon’s MATIC to POL Token Migration on September 4: Everything You Need to Know

Join our free newsletter for daily crypto updates!